There's still good downside confirmation intraday, but some of the intermediate charts are changing character.
I'm leaving the USO core/equity short in place, but taking the 25+% gains with July Expiration.
Charts to follow.
There's likely more downside, but I'd rather take the gains on momentum rather than risk losing them and let the core short positions do the rest of the work as they aren't centavo like the options are to small shifts.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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